Total revenue grew 4.9% to $23.9 million, contributed by the contractual annual increase in base fee, payable by its operator, Fortis Healthcare. Net service fee and hospital income increased 6.4% to $13.4 million in line with the increase in total revenue over the same period. Total distributable income for 2Q was $9.6 million.
SINGAPORE (Nov 15): The trustee-manager of RHT Health Trust has declared a 2Q18 DPU of 1.14 cents, down 6.5% from the DPU of 1.22 cents declared in 2Q17, on the back of higher costs from refinancing-related activities and higher interest costs.
RHT is a business trust with an initial portfolio comprising of healthcare assets in India.
